John III Ducas (Vatatzes). Emperor of Nicaea AD 1222-1254. Struck circa AD 1249/50-1254. Thessalonica
Billon Trachy. Type F

28 mm., 3,22 g.

{MHP} ΘV, the Virgin Mary, nimbate, seated facing on throne, with Christ medallion on breast, lis to left and right / [I]ω [...], John and St. Demetrius standing facing, holding between them patriarchal cross.

very fine

Sear 2128; DOC IVb 8.